Rock Tech Announces Mobilization of Northern Bioscience for Initial Baseline Studies
10 Julho 2019 - 10:20AM
Rock Tech Lithium Inc. (the "Company" or “Rock
Tech”) (TSX-V: RCK; Frankfurt: RJIB) is pleased to announce that,
further to its news release on July 8, 2019, Northern Bioscience
Ecological Consulting (“Northern Bioscience”) has mobilized to
complete initial baseline studies supporting an Environmental
Assessment at the Company’s 100%-owned Georgia Lake lithium project
in Ontario, Canada.
The initial baseline studies will include a spawning survey and
the first round of point counts for breeding birds and species at
risk. Included will be surveys for whip-poor-will, protected under
the Endangered Species Act, following the survey protocols of the
Ministry of Natural Resources and Forestry (“MNRF”) and concurrent
surveys of Little Brown and Northern Myotis using a handheld bat
recorder.
“These baseline studies are key to completing an environmental
assessment and obtaining permits,” said Dirk Harbecke, Rock Tech’s
chairman. “We are excited to embark on this stage of the Georgia
Lake lithium project’s development.”
All scientific and technical information in this news release
concerning the Georgia Lake lithium property was reviewed and
approved by Karl-Stephan Peters, EurGeol 787, a qualified person
(QP) as defined under National Instrument 43-101.
About the Georgia Lake Lithium Project
The Georgia Lake lithium project is a lithium-rich pegmatite
vein deposit with measured and indicated resources of 6.57 million
tonnes grading 1.01% Li2O in addition to inferred resources of 6.72
million tonnes grading 1.16% Li2O. The first PEA for the project,
focused exclusively on the main resource area which hosts less than
80% of total defined resources to date, was published in October
2018. Highlights from the PEA included an NPV of $312 million and
an IRR of 62.2%. While the Georgia Lake lithium project has
received extensive exploration and development investment over the
years, there remains extensive areas for future exploration and
discovery located both within and adjacent to the main resource
area.
On behalf of the Board of Directors,
"Martin Stephan" Martin Stephan Director, Chief
Executive Officer
For further information, please
contact:
Brad Barnett Chief Financial Officer Rock Tech Lithium Inc. 777
Hornby Street, Suite 600 Vancouver, B.C., V6Z 1S4 Telephone: (778)
358-5200 Facsimile: (604) 670-0033 Email:
bbarnett@rocktechlithium.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Statements included in this announcement,
including statements concerning our plans, intentions and
expectations, which are not historical in nature are intended to
be, and are hereby identified as, "forward‐looking
statements". Forward‐looking statements may be identified by
words including "anticipates", "believes", "intends", "estimates",
"expects" and similar expressions. The Company cautions
readers that forward‐looking statements, including without
limitation those relating to the Company's future operations and
business prospects, are subject to certain risks and uncertainties
that could cause actual results to differ materially from those
indicated in the forward‐looking statements.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/53bdb4fc-3ba7-4a53-8bd6-6446f7b1c0ce
Rock Tech Lithium (TSXV:RCK)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Rock Tech Lithium (TSXV:RCK)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024